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New York CNN —In the early stages of life, a key metric is growth. Netflix is trying to persuade Wall Street that it is now all grown up. time spent) as our best proxy for customer satisfaction,” Netflix underscored in its letter to shareholders. Netflix forecasted its subscriber growth to be lower in quarter two, chalking it up to “typical seasonality.” That led the stock to slide nearly 5% in after-hours trading. Whatever the cause, the stock sliding on the less-than-ideal outlook is a prime example of why Netflix wants Wall Street to stop focusing on its subscriber numbers.
Persons: Wall, It’s, “ We’re, Nielsen, won’t Organizations: New York CNN, Netflix Locations: New York
Read previewRight-wing boycotters have set their sights on another major brand: Doritos. Representatives for Doritos, PepsiCo, and Hudson did not immediately respond to BI's request for comment. AdvertisementOn Tuesday, Doritos Spain announced it was cutting ties with Hudson because of comments she reportedly made that resurfaced online, Newsweek reported. Advertisement"I don't remember having written such barbarities," she wrote, according to a Rolling Stone translation. While brand boycotts are nothing new, experts previously told Business Insider that political polarization in the US, combined with culture wars and panic-stoking media coverage, have been gaining steam in recent years.
Persons: , Samantha Hudson, Hudson, Doritos, Rolling Stone, BoycottDoritos, Dylan Mulvaney, aren't Organizations: Service, PepsiCo, Hudson, NBC News, Business, Doritos, Newsweek, Stone, Bud Light Locations: Spain, Doritos Spain, Spanish
Read previewRussian President Vladimir Putin issued a new nuclear threat this week, threatening the West over its support for Ukraine in his most explicit intimidation tactic yet. Russia's President Vladimir Putin gives an interview with US talk show host Tucker Carlson at the Kremlin in Moscow on February 6, 2024. "American politicians are already responding to this war in a way that helps Russia," Schmidt said. But Putin may ultimately have the more resonant message when it comes to American voters, Schmidt said. "It's far more complicated to explain why Ukraine is important to US voters than it is for Putin to threaten nuclear war," he told BI.
Persons: , Vladimir Putin, Putin, Emmanuel Macron, Simon Miles, Miles, Tucker Carlson, GAVRIIL, Matthew Schmidt, Schmidt, Biden, wanes, Zelenskyy Organizations: Service, Ukraine, Business, NATO, Reuters, Duke University's Sanford School of Public, Soviet Union, West, Kremlin, University of New Haven, US Army's School, Advanced Military Studies, Kiel Institute, GOP, Western Locations: Ukraine, Russia, Germany, Poland, Russian, Soviet, Moscow, Israel
The maximalist martinis encapsulate the "loud luxury." Loud luxury, in contrast to quiet luxury, is about spending a lot and owning it. "Call it loud luxury," she wrote. Loud luxury, in contrast, isn't afraid to show off. It's not necessarily the logo that makes something loud luxury, but anything that stands out and signals "this is expensive."
Persons: , Boon, Jaya Saxena, Punch —, Kendall Roy, HBO's, Lauren Saria, Punch, Martini Organizations: Service, Ilis Locations: New York, San Francisco, San Francisco and New York, Manhattan, there's, Ilis, Miami
Teen suicide: Study identifies behavioral risk factor
  + stars: | 2024-01-25 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +7 min
But you should pay more attention since social withdrawal could signal something deeper is going on, a new study has found. Across the globe, 10% to 20% of adolescents experience suicidal thoughts, and suicide is one of the leading causes of death among them, highlighting the need for strengthened prevention efforts. But the current study examined the associations between the long-term trajectory of multiple categories of psychological and behavioral symptoms and suicidal thoughts. But the link between social withdrawal and suicidal thoughts could be explained by the “loss of protective social connections,” according to the study. “If you hear a lot of complaints about aches and pains, it doesn’t (automatically) mean your child is suicidal,” Willard said.
Persons: , Shuntaro Ando, John Duffy, wasn’t, I’ve, ideation, Duffy, , Christopher Willard, ” Willard wasn’t, ” Willard, Willard, , ” Ando, that’s Organizations: Lifeline, CNN, JAMA, US Centers for Disease Control, University of Tokyo, Harvard Medical School Locations: United States, neuropsychiatry, Tokyo, Chicago, Boston
Two sets of twins who married one another have riveted TikTok with their unique love story. The relationships progressed "really quickly," Kerissa told BI, chalking the connections up to "destiny," adding that she moved in with Jacob and Lucas three months after meeting. "We only went on one date before we all were like, 'Yep, we're together, this is it,'" Kerissa told BI. Kerissa told BI that while Adrian doesn't necessarily feel like her own daughter, it's strange to think both girls share the same DNA. "If you were on Ancestry.com and you put our DNA in, Adrian would come up as my child as well, which is weird," Kerissa told BI.
Persons: they're, , Sealby, nabbing, Jacob, Lucas, Kerissa, Venessa, Sophie, They're, Adrian, Adrian doesn't, I'm Organizations: Service, Olympic Locations: Southern Oregon, New York
Caterpillar outperformed a lackluster industrial sector and kept pace with last year's strong market. While falling modestly in the next two sessions, Caterpillar rose 23.4% in 2023. Club name Caterpillar was last year's ninth-best performer of the 30 stocks that make up the Dow Jones Industrials Average , which gained 13.7% in 2023. The onslaught on federal spending was a prime reason the Club first initiated a position in Caterpillar back in January 2023. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Dow Jones, it's, Jim Cramer, Jim Umpleby, Umpleby, Joe Biden's, Caterpillar's financials, Jim Cramer's, Jim, Drake Nickels, Smith Organizations: Caterpillar, Dow, CAT, Big Tech, Federal, Dealers, U.S, Joe Biden's Infrastructure Investment, Jobs, Law, Management, CNBC, CAL, Marine Corps, West, Marine Corps Base Locations: Camp Pendleton , California
A 27-year-old who briefly served as Kris Jenner's personal assistant has gone viral sharing her experiences. Madeline Steitz has since turned her focus to launching her own natural sweetener brand. AdvertisementA 27-year-old vegan baker and entrepreneur went viral last year on TikTok discussing her brief stint as Kris Jenner's personal assistant, saying the job helped her launch her own eponymous sweetener brand. "Kris doesn't do anything that's not strategic when it comes to operating business, and she's an absolute genius." After leaving, Steitz turned her attention to Maddie's Natural Sweeter, which she'd conceptualized in January 2022 and formally launched in October.
Persons: Kris Jenner's, Madeline Steitz, Steitz, , Robbie Page, Jenner, Kylie Cosmetics, Kim Kardashian's Skims, Kendall, Kris doesn't, Abbott Kinney, Louis Cole, Cole, Peter Thiel's, she'd, Kris Organizations: Service, Business, TikTok, Abbott, LinkedIn, Thiel Capital, Jenner Communications Locations: Los Angeles, Cashmere , Washington
The "real situation" in Russia's economy is bad, Russian economist Igor Lipsits told Reuters. AdvertisementThe Kremlin has been painting a rosy picture of the country's economy even amid a swathe of Western sanctions — but "the real situation is bad," Igor Lipsits, a prominent Russian economist, told Reuters. Official rosy pronouncements on the Russian economy are not a good gauge of how the Russian economy is doing because authorities are just trying to make the Kremlin happy, Lipsits added. "A large part of the Russian population have very low wages," Lipsits told the news agency. Lipsits told Reuters he expects economic stagnation — at the very least — and a serious slump after the country's presidential election in March.
Persons: Igor Lipsits, , Lipsits, Vladimir Putin Organizations: Reuters, Service, Business, HSE University Locations: Russian, Ukraine, Russia
"Nevertheless, T-Mobile has failed to implement any common-sense security hardware or software to protect consumers from their data and privacy being exploited during ordinary transactions at the T-Mobile store." "Anxious and concerned, Jane hastily returned to the T-Mobile store with her mother to speak to the store manager," the lawsuit states. "During this time, while Jane was seeking assistance at the T-Mobile store, the unauthorized person continued to log into her social media accounts on the iPhone XS Max." "T-Mobile has big incentive programs to induce customers to upgrade their devices and turn in their old ones. But the ugly truth is that T-Mobile knows that employees sometimes steal customers' most intimate images and videos from the old devices they relinquish," Goldberg added.
Persons: Mobile didn't, Jane Doe, Max, Jane, Carrie Goldberg, Laura Hecht, Felella, Goldberg, Emma Aubrey Organizations: Mobile, Columbia, Redmond Law, CNBC Locations: Washington, United States, Seattle, York, Redmond
Relational aggression among teens isn’t anything new, but it can be especially hideous when it plays out alongside cyberbullying. Relational aggression among minors is complexCancel culture trickled down to teens, tweens and even younger children, and the combination of cyberbullying and social isolation in school can be swift. Protective factors are essentialTeens need sources of support and understanding when they’re dealing with relational aggression and cyberbullying, and this is where protective factors become important. • Research the reporting options at your teen’s school in case your teen decides to seek help on campus. What’s difficult about relational aggression is that it’s often subtle and under the radar of adults working in teen spaces.
Persons: Katie Hurley, , Strong, tweens, It’s Organizations: Jed, CNN, cyberbullying, PACER’s, Prevention, Pew Research Center, National Institute of Mental Health, Locations: Covid
People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo Acquire Licensing RightsOct 15 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. But the most important day could be Wednesday when Chinese unemployment, industrial production, retail sales and business investment figures for September will be released, along with third-quarter GDP. The property sector's travails, threat of deflation, soaring youth unemployment, foreign outflows from Chinese stocks and bonds, and the exchange rate's slide to a 16-year low are well documented. The week ended with Asian stocks up 6%, their first rise in four weeks, and world stocks adding 4.5%, their best week in six.
Persons: Jason Lee, Jamie McGeever, biggie, Vladimir Putin, Xi Jinping, Putin, Stocks, Diane Craft Organizations: People's Bank of China, REUTERS, Reuters, Forum, Soviet Union, Thomson Locations: Beijing, China, South Korea, Indonesia, Russian, Ukraine, U.S, Treasuries, Japan, India
Duffy and Friends is Disney's top-selling franchise in Asia, having generated $500 million in revenue this year. Duffy, a fluffy bear, was introduced in 2002 with a back story linked to Mickey and Minnie. The revenues include sales from Shanghai Disney Resort, Hong Kong Disneyland, and the Tokyo Disney Resort in Japan. AdvertisementAdvertisementThe back story for the fluffy bear involves Minnie Mouse hand-sewing the stuffed bear to accompany Mickey on a long sea voyage from Cape Cod. Both Duffy and LinaBell can be seen in a Disney video from September 2021, which shows the fluffy bear meeting his new fox friend.
Persons: Duffy, Mickey, Minnie, Mel, LinaBell, there's Organizations: Service, Disney, Shanghai Disney Resort, Tokyo Disney Resort, Walt Disney World, Shanghai, Shanghai Daily Locations: Asia, China, Wall, Silicon, Shanghai, Hong Kong, Tokyo, Japan, Orlando , Florida, Cape Cod
This momentum is turning into bookings, and that gives me the confidence that our annual revenue growth will continue to accelerate moving forward." These bullish comments — taken together — made the softer fiscal second quarter guide all the more puzzling. But for now, we're chalking up the revenue growth softness to some lumpiness around one quarter to the next. Guidance Oracle's weaker-than-expected fiscal 2024 second quarter guide caused shares to drop a second leg lower after the closing bell Monday. Within that figure, Oracle expects cloud revenue to increase 29% to 31%, which at the midpoint is about stable from the first quarter.
Persons: it's, Oracle, Larry Ellison, Safra Catz, , we're, we'll, Cerner, Ellison, Katz, Catz, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Oracle, LSEG, Wall, Autonomous Database, Oracle Cloud Infrastructure, Infrastructure, Software, Microsoft, Web Services, Google, Johnson Controls, MGM Resorts, CNBC Locations: Cerner, Redwood Shores , California
CNN —Venus Williams’ record-extending 24th appearance in the US Open singles draw came to an early end on Tuesday as she suffered a heavy first-round defeat against Belgium’s Greet Minnen. “My preparation was definitely minimal,” Williams told reporters after her landmark 100th US Open match. Williams was appearing in the US Open singles draw for the 24th time. 204 Sachia Vickery, as she bids to reach the third round of a grand slam for only the second time in her career. Jabeur battles through illnessElsewhere in the women’s singles draw, last year’s runner-up Ons Jabeur struggled physically in her 7-5 7-6(7-4) win against Camila Osorio.
Persons: Venus Williams, Belgium’s, Minnen, Williams, Arthur Ashe, ” Williams, , Tony Behar, ” Minnen, Sachia Vickery, Camila Osorio, Jabeur, Timothy A, Clary, ” Jabeur, , Linda Nosková, Jessica Pegula, Caroline Garcia, China’s Wang Yafan Organizations: CNN, Reuters, 100th, MAG, Getty, Wimbledon, Colombian Locations: AFP, Czech
New York CNN —Dollar Tree had a miserable quarter, and company management is chalking it up to a mix of factors: changing consumer demands on top of higher prices for fuel and electricity … and theft. Shares of Dollar Tree plunged 10% on the news. Dick’s Sporting Goods this week also cited theft as a primary reason why its profit plunged last quarter, even though sales rose. Target warned earlier this year that it was bracing to lose half a billion dollars because of rising theft. And the summer heat has sent air conditioning costs through the roof; Dollar Tree said that, too, has hurt its bottom line.
Persons: Richard Dreiling, Jeffrey Davis, Davis, Dreiling, , Kurt Petermeyer Organizations: New, New York CNN, Wall, OSHA, Dick’s, Goods, Walgreens Locations: New York, Atlanta, Lowe’s
Creating a Riot of Color, in a Studio of Her Own
  + stars: | 2023-08-18 | by ( Emily Labarge | ) www.nytimes.com   time to read: +1 min
“I think we must all agree,” the British photographer Yevonde declared in 1921 to the Professional Photographer’s Association in London, “photography without women would be a sorry business.”With a focus on female representation, “Yevonde: Life and Color,” a vivid display of her idiosyncratic oeuvre at the city’s newly reopened National Portrait Gallery, argues for her role as a pioneer of color photography. Born Yevonde Cumbers in South London in 1893, she was known professionally as Madame Yevonde, rarely by her married name (Mrs. Edgar Middleton). On her own terms, she used the singular Yevonde, with which she signed her prints, exhibition invitations and 1940 autobiography, “In Camera.”After a succession of private schools in the home counties and a convent school in Belgium, Yevonde was sent to a finishing school in Paris. Though her teachers there dismissed an impassioned essay she wrote on Mary Wollstonecraft, Yevonde returned to England a convinced feminist in 1909, at the height of the women’s suffrage movement. After a stint marching, chalking sidewalks and selling papers for the Women’s Social and Political Union, Yevonde glimpsed potential career independence in the examples of two successful woman photographers, one of whom employed her as an apprentice.
Persons: Yevonde, , Madame Yevonde, Edgar Middleton, Mary Wollstonecraft Organizations: Professional Photographer’s Association in, Political Union Locations: Professional Photographer’s Association in London, South London, Belgium, Paris, England
A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File PhotoAug 7 (Reuters) - Brokerage Morgan Stanley on Monday warned that lofty U.S. equity valuations could be questioned by investors if aggressive fiscal spending is curtailed after the downgrade of sovereign debt by ratings agency Fitch last week. While aggressive fiscal spending could continue, given the debt ceiling has been raised, fiscal policy has limits as deficits would widen - one of the reasons for Fitch's downgrade. "Investors will to call into question equity valuations, which were already high before the recent rise in yields," Wilson said in a weekend note. "If fiscal spending must be curtailed due to higher political or funding costs, the unfinished earnings decline that began last year is more likely to resume."
Persons: Morgan Stanley, Lucas Jackson, Fitch, Michael J Wilson, chalking, Wilson, Susan Mathew, Shweta Agarwal Organizations: New York U.S, REUTERS, U.S . Federal Reserve, Thomson Locations: New York, U.S, Bengaluru
Its group chief investment officer Jeffrey Jaensubhakij told Reuters GIC was keen to invest in Chinese companies that do business within China and do not export to the United States. "There are some 'China for China' type of investments that still make sense," he said. GIC said exposure to China was important for a diversified portfolio. GIC is the world's seventh-biggest sovereign investor with $690 billion in total assets, according to research firm Sovereign Wealth Fund Institute. The share of emerging market equities in GIC's portfolio rose to 17% by end of March from 16% a year earlier.
Persons: Jeffrey Jaensubhakij, Reuters GIC, GIC's, GIC, Lim Chow Kiat, Beijing scrambles, Ang Eng Seng, Jaensubhakij, GIC's Lim, Yantoultra Ngui, Xinghui, Xie Yu, Julie Zhu, Kane Wu, Christina Fincher Organizations: SINGAPORE, Reuters, HK, Ant Group, Temasek, Infrastructure, Sovereign Wealth Fund, Thomson Locations: China, Singapore, United States, Beijing, U.S, Asia, Japan, Xinghui Kok
REUTERS/Aly Song/File PhotoJuly 13 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The one percentage point fall in June headline consumer price inflation to 3.0% strengthened hopes that the U.S. economy is heading for a 'soft landing', boosting risk appetite and, more importantly for emerging markets, slamming the dollar. The yen has risen five days in a row, its longest winning streak against the dollar since November. That would be the biggest fall in exports since January - economists at SocGen are penciling in a 15.7% crash. Here are key developments that could provide more direction to markets on Thursday:- South Korea interest rate decision- China trade (June)- Thailand parliament elects new prime ministerBy Jamie McGeever; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.
Persons: Aly, Jamie McGeever, BOK, Josie Kao Organizations: Shanghai Stock Exchange, REUTERS, Asia FX, South Korean, Bank of, Thomson, Reuters Locations: Pudong, Shanghai, China, U.S, Asia, Pacific, Zealand, SocGen, Korea, Thailand
Euro zone inflation falls again in June as energy prices tumble
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +3 min
FRANKFURT, June 30 (Reuters) - Inflation in the euro zone extended its decline in June as the cost of fuel tumbled, more than offsetting an acceleration in prices for services, a preliminary reading showed on Friday. The data, pointing to only the smallest drop in underlying inflation, was unlikely to sway the European Central Bank, which has pencilled in a ninth consecutive rate hike for July and is eyeing one in September too. "Inflation is still high and sticky but momentum is moderating," said Frederik Ducrozet, head of macroeconomic research at Pictet Wealth Management. The euro zone unemployment rate remained at an historic low of 6.5% in May, Eurostat reported separately on Friday. Big differences remain between euro zone countries, with June headline inflation falling to as little as 1.6% in Spain and Belgium and 1.0% in Luxembourg while staying in double digits in Slovakia (11.3%) and close to them in the Baltics.
Persons: chalking, Frederik Ducrozet, Ulrike Kastens, Christine Lagarde, Neil Shah, Francesco Canepa, Catherine Evans Organizations: European Central Bank, Pictet Wealth Management, ECB, DWS . Services, Eurostat, Edison Group, Thomson Locations: FRANKFURT, Germany, Europe, Italy, Portugal, Spain, Belgium, Luxembourg, Slovakia, Baltics
Interest is growing among younger and private sector workers, where unions tend to be less well represented. Vacheron said that more than 30% of the CGT's recent joiners were under the age of 35 while 70% were coming from the private sector, which traditionally is dominated by the CFDT. "Since the retirement reform is contested by the young and old, public and private sector workers, they see a utility in belonging to unions, unions are attractive," Vacheron said. "Unions are rebuilding themselves from the ground up through recruitment and not only street protests," sociologist Michel Wieviorka said. Labour relations consultant Stephanie Matteudi-Lecocq said that the momentum coming from pension reform pushback could ultimately put unions back on more solid footing in companies.
By the time he won an acquittal in a high-profile, 2011 Manhattan criminal trial, Tacopina had attacked what he called her "functional tolerance" for alcohol. She remembered in graphic detail being immobilized in her bed — too drunk to resist — as she was allegedly raped, she told jurors. "She called him a rapist," Tacopina told the jury in openings Monday. "I can dance backwards and forwards in four-inch heels," she told Tacopina when he questioned her dressing-room balancing act. "It caused me to realize that staying silent does not work," she told Tacopina of the courage she saw in that #MeToo wave.
Carlson, the highest-rated single host at Fox News, did not respond to multiple requests for comment. The decision to part ways with Carlson was made Friday evening by Fox Corporation chief executive Lachlan Murdoch and Fox News chief executive Suzanne Scott, a person familiar with the matter said. During his time as a prime time host on Fox News, Carlson ascended to become one of the most influential figures inside the GOP. In a text on Nov. 5, 2020 — two days after the 2020 election — Carlson wrote his producer Alex Pfeiffer: “We worked really hard to build what we have. Last month, she sued Fox News, Carlson, his executive producer Justin Wells and other figures, as well as Fox’s parent corporation.
One Spotify user was recommended the same song under 49 different names and suspects AI is behind it. Turns out, AI-generated songs are taking over conversation in the music industry. Spotify user Adam Faze took to Twitter to try to find out. except every time I looked, it was a different song name and artist entirely." He decided to add each of these recommended tracks to a playlist, which now includes 49 "different" songs.
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